About Globex Solutions Private Limited
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Globex Solutions Private Limited was a private limited company based in Chennai, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the supply chain outsourcing services segment of the business process outsourcing sector. It was incorporated on 29 November 2012.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U63000TN2012PTC088705. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Parameswaran Nair Madhusudhnan and Kamalakannan Guruswami.
Its last annual general meeting (AGM) was held on 10 November 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at Plot No.229 Kattabomman Street Alwarthirunagar, Chennai, Tamil Nadu, India – 600087.
As per the financials filed for FY 2017, the company reported a revenue of ₹22.68 Lakh, a growth of 90% compared to the previous year. For the same year it recorded a net loss of ₹7.65 Lakh (net margin -33.7%) and EBITDA of -₹6.9 Lakh (EBITDA margin -30.4%).
The company had about 23 employees on its provident fund (EPFO) records before it was struck off.
Court records list 7 cases involving the company, including 7 filed against it; 3 cases are pending.
The last known website on record is globexsolutionsscm.com.
Company details
Contact details
Globex Solutions Private Limited's registered office is in Chennai, Tamil Nadu. Its website is globexsolutionsscm.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No.229 Kattabomman Street Alwarthirunagar, Chennai, Tamil Nadu, India – 600087
- IndustryBusiness Outsourcing, Supply Chain Outsourcing Services
To see the full contact details of Globex Solutions Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Globex Solutions is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities |
To see the full business activity and turnover split of Globex Solutions Private Limited, buy the company report.
Financials of Globex Solutions Private Limited
FY 2017 filings availableGlobex Solutions Private Limited reported revenue of ₹22.68 Lakh (up 90% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 90% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹22.68 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹6.9 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹7.65 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -30.4% | ||
| Net Profit Margin | -33.7% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Globex Solutions Private Limited, buy the company report.
Board of directors of Globex Solutions Private Limited
Globex Solutions has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parameswaran Nair Madhusudhnan | Director | 29 Nov 2012 | 13 Years 10 Months | As last reported |
| Kamalakannan Guruswami | Director | 29 Nov 2012 | 13 Years 10 Months | As last reported |
Auditor
Globex Solutions Private Limited is audited by BRAHMANANDA & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BRAHMANANDA & CO | FY 2017 | 315153E |
Shareholding
The shareholding of Globex Solutions Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Globex Solutions Private Limited, buy the company report.
Legal cases
Globex Solutions Private Limited has 7 court cases on record: 7 filed against it. 3 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 3 |
| High courts | 1 | 1 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Indore, Madhya Pradesh | Court case (EX AB) | Filed against the company by Case New Holland Construction Equipment (India) Private Limited | Pending |
| District court, Central, Delhi | Criminal case | Filed against the company by Vinar Systems Pvt.Ltd | Pending |
| District court, South East, Delhi | Criminal case | Filed against the company by Standard Cartons Pvt Ltd | Pending |
| District court, North West, Delhi | Civil suit | Filed against the company by Swift Securitas Pvt Ltd | Disposed |
| NCLT, Chennai | Insolvency matter | Filed against the company by Jungheinrich Lift Truck India Pvt Ltd | Disposed |
To see the full case history of Globex Solutions Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Globex Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Globex Solutions has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Globex Solutions Private Limited, buy the company report.
Recent activity
Globex Solutions Private Limited has 5 board changes on record since 2012: 2 appointments and 3 cessations. The latest: Sudhir Mohan Bansal ceased to be Director on 06 Apr 2019.
Frequently asked questions
Globex Solutions has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Globex Solutions was a private limited company based in Chennai, Tamil Nadu, India. The company worked in supply chain outsourcing services, within the business outsourcing industry. It was incorporated on 29 November 2012 and is registered under CIN U63000TN2012PTC088705. The company has been struck off by the Registrar of Companies and is no longer operational.
Globex Solutions had 2 directors:
- Parameswaran Nair Madhusudhnan - Director
- Kamalakannan Guruswami - Director
The CIN (Corporate Identification Number) of Globex Solutions is U63000TN2012PTC088705. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Globex Solutions is at Plot No.229 Kattabomman Street Alwarthirunagar, Chennai, Tamil Nadu, India – 600087.
Globex Solutions was incorporated on 29 November 2012. It is registered with the Registrar of Companies, Chennai.
Globex Solutions can be reached through the website globexsolutionsscm.com. Its registered office is in Chennai, Tamil Nadu, India.
The latest financial statements of Globex Solutions on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 10 November 2017. Year-wise statements from 2015 are in the company report.
No. Globex Solutions has 2 GST registrations on record and all of them are cancelled or inactive.
Globex Solutions operated in the business outsourcing industry, in the supply chain outsourcing services segment. It worked in this industry before it was struck off.